Lakewood Midrise Condo
Homes for Sale in Boca Raton, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Lakewood Midrise Condo closed eight sales at a $432,500 median in the first half of 2026, up 55.9% year-over-year. At $380 per square foot, pricing is driven by condition, floor, and owner updates rather than unit count alone. Inventory turned in under a month—24.5 days median—which tells you competition remains real despite the mid-rise format.
For buyers, expect to move quickly and bring clean financing; this is not a market that rewards hesitation. Sellers benefit from the momentum but should price to condition—updated units command the median, deferred-maintenance homes sit. The 55% gain reflects broader Boca appreciation and post-pandemic condo demand; sustaining that pace is unlikely, so plan for stabilization.
Lakewood Midrise Condo right now
🟢 Still climbing. The trailing-12-month median ($432K) is up 55.9% from the prior 12 months ($278K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Medium (8 and 10 sales in the two windows).
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Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lakewood Midrise Condo market snapshot (as of July 15, 2026): the median sale price is about $432K ($380 per sq ft over the trailing 12 months of closed sales), and a median 25 days on market for closed sales. The trailing-12-month median is up 56% from the prior 12 months, computed from record-level Beaches MLS closed sales (8 closings in the current window).
A mid-rise condominium community in Boca Raton's Palm Beach County market, where unit condition and owner investment separate the floor from the ceiling in a fast-moving inventory environment.
Who Lakewood Midrise Condo is best for.
Best for
- Buyers targeting Boca Raton with budgets in the mid-$400Ks who accept mid-rise living and variable unit condition.
- Investors comfortable analyzing HOA reserves, special-assessment history, and rental-rule restrictions before closing.
- Downsizers or second-home buyers prioritizing location and price per square foot over turn-key finishes and amenity programming.
Probably not for
- Buyers expecting resort-style amenities, concierge service, or recently renovated common areas—none are documented here.
- First-time condo owners unfamiliar with association governance, reserve studies, or the financial obligations that come with shared ownership.
- Anyone requiring predictable monthly costs or unwilling to budget for potential special assessments tied to building age and deferred capital projects.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($432K) IS the median in the snapshot above, and the move from 2025 ($278K) IS the +55.9% one-year change.
Windows contain 0 to 21 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
The Lakewood Midrise Condo buying strategy.
If we were buying in Lakewood Midrise Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lakewood Midrise Condo.
Condition is the decider
Lakewood Midrise Condo does not publish master amenities in current listings, so your value proposition is location, price per square foot, and the specific condition of the unit you tour. That $380 median per-square-foot figure is a blended number: a renovated kitchen, newer flooring, and updated baths will push you toward or above it; original finishes and deferred HVAC or plumbing will pull you well below.
The 24.5-day median DOM and eight closings in the data window point to stable buyer interest and limited available inventory. You will not have weeks to deliberate. Condo buyers here should budget for immediate financing approval, a thorough pre-close inspection, and reserve capital for any catch-up work the previous owner deferred. The year-over-year gain of 55.9% is real but reflects an unusual pricing environment—do not underwrite future returns at that rate.
Boca Raton's mid-rise stock appeals to buyers seeking lower entry points than newer high-rises and investors comfortable with older building systems. Ask for association financials, recent special assessments, and reserve-study timelines. If the building is deferring capital projects or has pending work, that risk belongs to you post-close.
The location and the amenities are priced into every listing in Lakewood Midrise Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Momentum Realty writes honest opinions, not marketing copy, and in a condo market where condition varies wildly unit-to-unit, you need a broker who will walk the HOA docs with you and tell you when deferred maintenance is a deal-breaker. We know how to read reserve studies, flag special-assessment risk, and comp units by actual finish level—not just square footage. If Lakewood Midrise Condo is not the right building for your budget or timeline, we will say so before you write an offer.
Lakewood Midrise Condo in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lakewood Midrise Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lakewood Midrise Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lakewood Midrise Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lakewood Midrise Condo home worth?
Get a no-obligation home value based on real comparable sales in Lakewood Midrise Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Lakewood Midrise Condo?
How long do homes in Lakewood Midrise Condo take to sell?
Who is the best real estate agent for Lakewood Midrise Condo?
How do I find a top Boca Raton real estate agent who knows Lakewood Midrise Condo?
Can Momentum Realty connect me with an agent for Lakewood Midrise Condo?
Should you buy in Lakewood Midrise Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (124 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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